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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Mike Johnston who wrote (66956)7/27/2006 7:58:38 AM
From: shades  Read Replies (1) | Respond to of 110194
 
That they would still be able to get their pizza from a local shop for $8?

Hehe I just saw a captain morgan liqour commercial where two guys walk from the bar next door to a pizza place - order a delivery pizza and ride with the pizza boy to thier house - beats the hell out of taxi rates eh and you get a pizza to boot - hehe. I bet the pizza companies insurance agent wouldn't like that.




To: Mike Johnston who wrote (66956)7/27/2006 3:26:11 PM
From: Jim McMannis  Read Replies (1) | Respond to of 110194
 
RE:"It looks like a lot of people are getting a lesson in econ 101.
After house prices have tripled, and torrents of real estate money flooded the economy, did they expect that gasoline would still be $1.19 ? That their taxes and electric bill would be the same ? That they would still be able to get their pizza from a local shop for $8?"

They thought everybody could get rich at the same time. <G>